Marijuana Business News

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Mon
30
Mar

Marijuana Is Changing the Workplace. Here's How Employers Should Deal With It.

You don't want to get a lawsuit by your office's pot advocate.

Photo by Sean Gallup/Getty Images

With medical marijuana legal in 23 states and Washington, D.C., there are now millions of card-carrying cannabis users working at companies across the U.S. While four states and the District have legalized recreational marijuana use, pot is still illegal under federal law, and many business owners still subscribe to the plant's Reefer Madness stigma and don't want to allow people to smoke on the job. For some of those owners, that can mean getting sued for failing to accommodate an employee who has a medical condition.

Mon
30
Mar

Hemp Based Batteries Could Change The Way We Store Energy Forever

As hemp makes a comeback in the U.S. after a decades-long ban on its cultivation, scientists are reporting that fibers from the plant can pack as much energy and power as graphene, long-touted as the model material for supercapacitors. They’re presenting their research, which a Canadian start-up company is working on scaling up, at the 248th National Meeting & Exposition of the American Chemical Society (ACS), the world’s largest scientific society.

Although hemp (cannabis sativa) and marijuana (cannabis sativa var. indica) come from a similar species of plant, they are very different and confusion has been caused by deliberate misinformation with far reaching effects on socioeconomics as well as on environmental matters.

Mon
30
Mar

Former Wall Streeters Share Tips on Profiting From Pot Without Touching It

HARLEM — There are a lot of ways to make money from pot that don't involve the drug itself.

That was the message from three former Wall Street analysts who spoke Wednesday night to those gathered at the monthly meeting ofHigh NY, a group dedicated to changing the way people use cannabis.

“Now is the time to get involved if you are serious about getting in this industry. Public opinion has never been higher, we’ve never had this much momentum,” High NY co-founder Michael Zaytsev, who worked as a financial analyst for J.P. Morgan and then as a salesman for Google, told the 50 people gathered at the Harlem Garage.

Sun
29
Mar

Smoking pot in D.C. could cost Va. workers their jobs

You can go for a ride with the Pineapple Express - or any other strain of cannabis - while visiting friends in D.C., but you might get fired from work back home in Virginia as a result.

Legalized marijuana is closer than ever, now that adults can smoke, grow and share it in the nation's capital. But some local companies are sticking with tests that screen employees for the drug because it's still illegal in Virginia.

A local employment law expert said businesses must be more cautious about dismissing workers for positive drug tests now that marijuana is legal in some parts of the country - but users with a prescription likely have more protection than those who smoke just because, well, they like getting high.

Sun
29
Mar

Denver cracks down on marijuana warehouses

Landon Riddle, 5, who has leukemia and uses medical marijuana to treat it, plays in a warehouse where medical caregivers grow marijuana in Denver. Riddle’s mother joined about a dozen activists and caregivers at the facility to discuss adjusting to a Denver City Council decision that bans caregivers from sharing space, which likely could close down warehouses such as this one.

The Denver Fire Department issued 58 permits for warehouses to grow marijuana in nonlicensed facilities last year – marijuana not to be sold in dispensaries. This marijuana was to be grown primarily by caregivers for consumption by medical users or for the grower’s personal use.

Sun
29
Mar

Pa. lawmakers and doctors square off on medical marijuana

It was doctors against lawmakers, science against anecdotes, at Tuesday's joint committee hearing on medical marijuana.

Yes, joint. Twenty state representatives from the Judiciary and Health Committees, mostly Republicans, filed into Pennsylvania Hospital on Tuesday, many bearing grim accounts of ill constituents who say pot helps them feel less pain.

But doctors told the reps there is little proof marijuana does more good than harm, for any ailment. They called for new research funding and Food and Drug Administration approval before a new law is passed.

Sun
29
Mar

Pine Ridge man wants to begin growing industrial hemp again

PINE RIDGE, S.D. (AP) — Alex White Plume planted industrial hemp on his Pine Ridge farm more than a decade ago, but never harvested a crop. Now, he says it's time to grow again.

White Plume, an Oglala Sioux tribal member, wants to grow hemp again on the Pine Ridge Indian Reservation thanks to guidelines laid out by the federal Department of Justice in December allowing tribes to decide whether to grow and sell marijuana, reported South Dakota Public Broadcasting (http://bit.ly/1HUFoRa ).

Sat
28
Mar

West Coachella Valley set for marijuana 'green rush'

Buy Photo

Sun Grow employee Diego Cambron shows some of the product that is available at the dispensary.(Photo: J. Omar Ornelas/ The Desert Sun)Buy Photo

On a recent Thursday morning, a crowd gathered in the parking lot of a Desert Hot Springs gas station to welcome the latest new business to the struggling city.

Mayor Adam Sanchez stood in front of the shop's refurbished storefront and cut the ribbon with giant scissors — just as he would for a restaurant, tire store or hair salon — before talking about how perfectly Sun Grow would fit into Desert Hot Springs' healthy "spa city" image.

Sun Grow is the first permitted medical marijuana dispensary to open in Riverside County, outside of Palm Springs.

Sat
28
Mar

2 medical marijuana dispensaries face off in cutthroat fight for prime Portland turf

It can be a dog-eat-dog world when it comes to the 226 medical marijuana dispensaries that the state has approved for business.

Case in point? One Southwest Portland medical marijuana dispensary filed a $400,000 lawsuit this month against the owners of another dispensary, claiming the second business lied on a state registration application to "poach" the first business' clientele.

Oregon law allows only one medical marijuana dispensary per every 1,000 feet -- and that's a problem for the Portland Medical Cannabis Club, which is the plaintiff in the lawsuit.

Fri
27
Mar

CannabisFN to Film at Marijuana Investor Summit

Marketing can be difficult in the legal marijuana industry. Companies want to create brand recognition, but regulations are concerned with the potential corruption of minors. While being forced to adapt, the industry has embraced digital media as an ideal platform to increase public awareness.

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